The EU expansion process is a dynamic one which requires the candidate country to acknowledge the latest developments in communitarian social policy. The dominant economic aspects are currently reinforced by the social ones. Likewise, a consensus must exist regarding the implementation in...

The pension system in Romania is currently in the process of identifying methods and models that meet the requirements imposed by the disappearance of barriers in the flow of goods, capital and service mobility. Taking this into consideration, solutions to a more complex study of the Romanian...

Rivers country's is one of Romania's national wealth. Overflowing rivers can lead to loss of all kinds (if their rate is uncontrolled), may contribute to the creation of preconditions for socio-economic development of those territories, adjacent rivers (if their rate is controlled, regulated)....

This study is aimed at the analysis of social insurance for unemployment, with a focus on the expenses necessary for the retraining and professional change of the unemployed in view of the free circulation of goods, people and capital that applies as Romania became a part of the EU...

The paper at hand aims at a brief analysis of the social services and the social phenomenon currently happening in many of the Member States (MS) of the European Union (EU) in the context of a more prominent economic crisis and, in the same time, as a result of the augmentation in the workers'...

This note demonstrates how performance measure congruity and noise determine an agency’s total surplus within an linear agency framework with multiple tasks. It provides a decomposition of agency costs, leading back to a congruity index previously proposed in the literature. In addition,...

We develop a model to show that cartels that produce goods with lower durability are easier to sustain implicitly. This observation gen- erates the following results: 1) implicit cartels have an incentive to pro- duce goods with an inefficiently low level of durability; 2) a monopoly or explicit...

In this paper, a promotion tournament is considered, where, at the beginning of the tournament, it is unknown how long the tournament lasts. Further, the promotion decision is based on the assessments of a supervisor with imperfect recall. In line with psychological research, the supervisor is...

Policy makers often decide to liberalize foreign bank entry but at the same time restrict the mode of entry. We study how different entry modes affect the interest rate for loans in a model in which domestic banks possess private information about their incumbent clients but foreign banks have...

Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004The explicit or implicit protection of banks through government bail-out policies is a universal phenomenon. We analyze the competitive effects of such policies in two models with different degrees of transparency in the...